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Insurers split on recovery and resolution planning

Published in: Risk, Risk management, Regulation, Associations, UK, Rest of Europe, US - Canada - Bermuda, ROW

Companies: Financial Stability Oversight Council, FSOC, Eiopa, International Association of Insurance Supervisors, IAIS, MetLIfe, Association of British Insurers, ABI, Allianz, Association of Mutual Insurers and Insurance Cooperatives, Amice, Insurance Europe

As the IAIS looks to develop a market-wide approach to systemic risk, Eiopa is developing rules that will require recovery and resolution plans from all insurers regardless of their size. This broader approach to systemic risk has split industry opinion and pitted large firms against small. Callum Tanner reports

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